Elkem Valuation Multiples

Elkem Overview

About Elkem

Elkem ASA offers material solutions shaping and more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations like electric mobility, digital communications, health, and personal care, as well as smarter and more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.

Founded

1904

HQ

Employees

7.3K

Website

elkem.com

Sectors

Advanced MaterialsChemicalsDeepTech

Financials (LTM)

Revenue: $3B

EBITDA: $321M

EV

$3B

Valuation Multiples

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Elkem Financials

Elkem reported last 12-month revenue of $3B and EBITDA of $321M.

In the same LTM period, Elkem generated $1B in gross profit, $321M in EBITDA, and had net loss of ($29M).

Elkem P&L

In the most recent fiscal year, Elkem reported revenue of $3B and EBITDA of $409M.

Elkem expects next 12-month revenue of XXX and NTM EBITDA of XXX

Elkem Stock Performance

Elkem has current market cap of $2B, and enterprise value of $3B.

Elkem's stock price is $3.04.

Elkem Valuation Multiples

Elkem trades at 0.9x EV/Revenue multiple, and 9.1x EV/EBITDA.

Elkem Financial Valuation Multiples

As of April 18, 2026, Elkem has market cap of $2B and EV of $3B.

Equity research analysts estimate Elkem's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Elkem has a P/E ratio of (67.4x).

Elkem Margins & Growth Rates

Elkem's revenue in the last 12 month grew by 6%.

Elkem's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.

Elkem's rule of 40 is 102% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Elkem's rule of X is 239% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Elkem Public Comps

See public comps and valuation multiples for other Advanced Materials and Chemicals comps.

Elkem M&A Activity

Elkem acquired XXX companies to date.

Last acquisition by Elkem was on XXXXXXXX, XXXXX. Elkem acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Elkem Investment Activity

Elkem invested in XXX companies to date.

Elkem made its latest investment on XXXXXXXX, XXXXX. Elkem invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).